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Within our Central London portfolio we hold almost the entire freehold to Regent Street and nearly 50 per cent of the buildings in St James's. Across the portfolio we are currently delivering a £1.5 billion investment and redevelopment programme.

Residential overview

Our Central London portfolio includes residential property: our ongoing investment in St James's aims to build on an established and significant residential community, while on Regent Street there are a number of modern apartments for city living.

In addition to the many modern apartments on Regent Street, increasing the provision of residential space in St James's is an important part of our ongoing £500 million investment programme. We plan to reinforce St James's established position as a high quality residential location and are seeking over the next ten years to double the provision of residential space in the St James's portfolio to 18,600 m2 (200,000 ft2).

We retain historic long-term ownership of residential properties in Regent's Park and Kensington Palace Gardens. These have been in our ownership for centuries. They are largely let on long-leasehold interests and are managed in accordance with both our long-term strategy and a keen eye to stewardship of these historic areas.

We also retain a number of residential properties in Eltham, Richmond, Egham and Hampton.

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